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Petroleum Minister Dharmendra Pradhan, says, “Decline in international crude prices helped the government link diesel to global prices.”

In an exclusive interview with Bloomberg TV India's Mehak Kasbekar, he adds, “Cutting subsidies is a pre-requisite to creating investor confidence.” Watch as Pradhan says that consumer will benefit from more competition in sale of fuel.

This video is originally sourced from Bloomberg TV India, you can watch it here: http://www.btvin.com/videos/watch/928...

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